ISG PLC Holding(s) in Company (3281P)

TIDMISG

RNS Number : 3281P

ISG PLC

17 February 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                           ISG 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------  ---------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                            Yes 
----------------------------------------------------------  --------------------------- 
 An acquisition or disposal of qualifying financial                      No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  --------------------------- 
 An acquisition or disposal of instruments with                          No 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  --------------------------- 
 An event changing the breakdown of voting rights                        No 
----------------------------------------------------------  --------------------------- 
 Other (please                                                           NA 
  specify): 
--------------------------------------------------------    --------------------------- 
 3. Full name of person(s)                                  River and Mercantile Asset 
  subject to the                                             Management LLP 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                 16/02/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                    17/02/2016 
  notified: 
---------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        5% 
---------------------------------------------------------  ---------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type       Situation                          Resulting situation after the 
  of               previous                           triggering transaction 
  shares           to the triggering 
                   transaction 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  ---------------------------------  -------------------------------------------------------------------- 
                  Number           Number            Number          Number of                % of voting 
                   of               of                of shares       voting                   rights (x) 
                   Shares           Voting                            rights 
                                    Rights 
-------------    ---------------  ----------------  --------------  -----------------------  --------------------------- 
                                                     Direct          Direct     Indirect      Direct          Indirect 
                                                                     (xi)        (xii) 
-------------      -----------      ------------    --------------  ---------  ------------  --------------  ----------- 
 GB0002925955     2,833,132        2,833,132         0               0          NA            0.000000%       NA 
                 ---------------  ----------------  --------------  ---------  ------------  --------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration       Exercise/                         Number of voting           % of voting 
 financial           date             Conversion                        rights that                rights 
 instrument          (xiii)           Period (xiv)                      may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
-----------------  ---------------  --------------------------------  -------------------------  ----------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of        Exercise         Expiration        Exercise/         Number of voting           % of voting 
 financial      price            date              Conversion         rights instrument          rights (xix, 
 instrument                      (xvii)            period             refers to                  xx) 
                                                   (xviii) 
-------------  ---------------  ----------------  ----------------  -------------------------  ------------------------- 
                                                                                                Nominal         Delta 
-------------  ---------------  ----------------  ----------------  -------------------------  --------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------------------------ 
 0                                                     0.000000% 
----------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy holder:            River and Mercantile 
                                           Asset Management LLP 
---------------------------------------  ---------------------- 
 11. Number of voting rights proxy        NA 
  holder will cease to hold: 
---------------------------------------  ---------------------- 
 12. Date on which proxy holder will      NA 
  cease to hold voting rights: 
---------------------------------------  ---------------------- 
 
 
  13. Additional information: 
---------------------------------------  ---------------------- 
 14. Contact name:                        Hamish Byrne 
---------------------------------------  ---------------------- 
 15. Contact telephone number:            [phone] 
---------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 17, 2016 04:38 ET (09:38 GMT)